2x Bitcoin Strategy ETF (BATS:BITX) Sees Significant Decrease in Short Interest

Posted by Joseph Casey on Jul 17th, 2026

2x Bitcoin Strategy ETF (BATS:BITX – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 6,596,612 shares, a decrease of 38.0% from the June 15th total of 10,637,446 shares. Currently, 12.6% of the shares of the company are sold short. Based on an average daily volume of 9,555,508 shares, the days-to-cover ratio is currently 0.7 days.

2x Bitcoin Strategy ETF Trading Down 2.2%

Shares of BITX stock opened at $12.28 on Friday. 2x Bitcoin Strategy ETF has a 12 month low of $10.09 and a 12 month high of $67.92. The business’s 50 day moving average is $14.19 and its two-hundred day moving average is $18.09.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BITX. Heritage Wealth Advisors bought a new position in 2x Bitcoin Strategy ETF in the 4th quarter worth $55,000. Root Financial Partners LLC acquired a new stake in shares of 2x Bitcoin Strategy ETF in the first quarter valued at about $80,000. Captrust Financial Advisors grew its position in shares of 2x Bitcoin Strategy ETF by 128.4% in the fourth quarter. Captrust Financial Advisors now owns 12,212 shares of the company’s stock valued at $339,000 after purchasing an additional 6,865 shares during the last quarter. Jump Financial LLC bought a new position in shares of 2x Bitcoin Strategy ETF in the fourth quarter worth about $594,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of 2x Bitcoin Strategy ETF by 203.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 52,889 shares of the company’s stock worth $1,467,000 after purchasing an additional 35,432 shares during the period.

2x Bitcoin Strategy ETF Company Profile

(Get Free Report)

The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.